Before you begin searching for a house to rent, you should determine what you are looking for in a rental property. You must determine where you want to live, the type of property you want, your monthly budget (as well as deposit money), and the amenities that you want to be nearby.
These requirements include:
- Preferred location – amenities nearby, in the city, or in the country
- Type of rental property – house, room, studio, or flat
- Length of expected tenancy
- Unfurnished or furnished rental
- Rooms needed – bedrooms, bathrooms, etc.
- Parking – on-street or off-street parking
- Land – garden or no garden
Setting a Budget
Determine a manageable budget. When you speak to a letting agent, the rental price could be stated as a weekly rate or a monthly rate. Avoid looking at properties that are rented for more than you can comfortably afford because this could tempt you to rent a home for more than you can afford.
In addition to budgeting for your rental costs, you need to make sure other related expenses are also budgeted in. These expenses may include:
- Renters insurance – This insurance covers the contents of your house. Renters insurance should be arranged when you sign a lease and will cover all of your personal belongings located inside the property.
- Council tax – This tax is your responsibility; ask the landlord or agent for an estimated cost of this tax.
- Service charges and utility bills – If your property is a serviced apartment, there may be a charge. Ask the landlord or rental agent if the service charge is included in your monthly rent or if it is an additional charge.
- Deposit – The deposit is typically one month’s rent and is due when you sign a lease.
- Removal costs – This is